©Reuters. The Sao Paulo Stock Exchange rises 0.17% and chains four days in green
Sao Paulo, Aug 17 (EFE) .- The index, the main reference of the Sao Paulo stock market, advanced this Wednesday a moderate 0.17%, to mark 113,707 points, with which it chained its fourth consecutive day in green numbers, according to consolidated closing data.
The Brazilian stock market had a calm and uneventful day, in which investors prolonged the positive streak on the stock market, this time helped by the day’s gains in the oil sector papers.
The São Paulo trading floor thus recorded a financial volume of 59,829 million reais (about 11,579 million dollars), a figure that doubled the daily average due to the expiration of stock options in the middle of the month, and totaled 4.32 million transactions.
With some volatility, the largest Latin American stock market by traded volume moved between a minimum score of 112,482 integers, with a momentary decrease of 0.90%, and a maximum of 114,146 units, when it rose 0.55%.
After a rise of 0.43% on Tuesday, the indicator added another 195 units to its accumulated score on Wednesday.
On a positive day for the energy sector, the gains were led by the preferred shares of the electricity companies Cemig and Copel, which climbed 5.67% and 4.48%, respectively, followed by the ordinary shares of CSN Mineraçao (4.42 %).
The losses in the stock market, meanwhile, were led by the ordinary papers of the chain of stores and electronic commerce Lojas Americanas (-6.13%), followed by the similar ones of the supermarket conglomerate Vía (-6.08%) and of the network of colleges and universities Yduqs (-5.56%).
The most traded titles on the day were the preferential ones of the state oil company Petrobras (NYSE:) (2.34%).
In the foreign exchange market, the dollar appreciated 0.54% against the real and ended the trading day at 5.166 reais for purchase and 5.167 for sale at the Brazilian commercial exchange rate.